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Paroli Strategy: This is a “doubling down” strategy but with a different condition. Instead of doubling after every loss, the player doubles the bet after every win. The goal of the Paroli strategy is to take advantage of winning streaks and minimize risk. This is a less risky strategy than the Martingale.

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You continue to double your bet after each loss until you win. When you win, you return to your original bet. While Martingale can help you win back the money you lost in losing bets, if you have a long losing streak, you may run into bankroll problems. Make sure you have enough bankroll to continue betting.